SC247    Topics     News

U.S.-NAFTA freight flows rise for ninth straight month, reports BTS


Earlier this month, the Department of Transportation’s Bureau of Transportation Statistics (BTS) reported that United States trade with its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico, headed up on an annual basis in July, the most recent month for which data is available.  

This 6.5% increase marks the ninth consecutive month in which there has been an annual increase. Trucks carried 63.2% of U.S.-NAFTA freight and continued to be the most heavily utilized mode for moving goods to and from both U.S.-NAFTA partners. Trucks also accounted for $28.9 billion of the $47.6 billion of imports (60.7%) and $27.5 billion of the $41.6 billion of exports (66.2%).

Rail remained the second largest mode by value, moving 15.1% of all U.S.-NAFTA freight, followed by vessel, 7.1%; pipeline, 5.6%; and air, 2.3%. The surface transportation modes of truck, rail and pipeline carried 84.0% of the total value of U.S.-NAFTA freight flows.

BTS said that from July 2016 to July 2017, the value of U.S.-Canada freight flows increased by 5.6% to $44.8 billion as the value of freight on four major modes increased annually. The value of freight carried on vessel increased by 19.7%, pipeline by 26.7%, rail by 4.7%, and truck by 2.5%. Air decreased by 1.3%.

The value of U.S.-Mexico freight flows for the same period was up 7.4% to $44.4 billion, with the value of freight on four major modes up annually. The value of commodities moved by vessel increased by 21.5%, air by 8.4%, truck by 5.4%, and rail by 4.2%. Pipeline decreased by 16.1%.

Trucks carried 68.6% of the value of freight to and from Mexico. Rail carried 14.6% followed by vessel, 9.7%; air, 3.1%; and pipeline, 0.6%. The surface transportation modes of truck, rail and pipeline carried 83.9% of the value of total U.S.-Mexico freight flows. 


Article Topics


Latest News & Resources





 

Featured Downloads

The Ultimate WMS Checklist: Find the Perfect Fit
The Ultimate WMS Checklist: Find the Perfect Fit
Warehouse Management System selection requires time, research and diligent planning. In order to help you, Made4net has published this whitepaper to...
GEP Procurement & Supply Chain Tech Trends Report 2024
GEP Procurement & Supply Chain Tech Trends Report 2024
We’ve researched the five biggest trends in the supply chain space this year, and, drawing on our expertise in procurement and...

Unified Control System - Intelligent Warehouse Orchestration
Unified Control System - Intelligent Warehouse Orchestration
Download this whitepaper to learn Unified Control System (UCS), designed to orchestrate automated and human workflows across the warehouse, enabling automation technologies...
An Inside Look at Dropshipping
An Inside Look at Dropshipping
Korber Supply Chain’s introduction to the world of dropshipping. While dropshipping is not for every retailer or distributor, it does provide...
C3 Solutions Major Trends for Yard and Dock Management in 2024
C3 Solutions Major Trends for Yard and Dock Management in 2024
What trends you should be focusing on in 2024 depends on how far you are on your yard and dock management journey. This...